Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
NOVO GROUP LTD.
Securities
NOVO GROUP LTD. - SG2C46963931 - MR8

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2014 18:09:14
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG140630OTHRD5V7
Submitted By (Co./ Ind. Name)
Yu Wing Keung, Dicky
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer

Additional Details

Name Of Person
Chong Wai Man
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2014
Detailed Reason (s) for cessation
To pursue other career opportunities.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
During the interim, Mr Chow Kin San, the Executive Director will assist in overseeing the
financial and compliance matters of the Group.
Date of Appointment to current position
06/04/2011
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for the Group's financial and compliance matters.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
(1) Tianjin Shifa Novo Technology Development Limited (2) Novowell Lamination Technology (Taizhou) Limited